The equity premium in consumption and production models

DOI10.1017/S1365100511000708zbMATH Open1246.91076MaRDI QIDQ2907912FDOQ2907912

Authors Levent Akdeniz, W. Davis Dechert

Publication date 4 September 2012

Published in Macroeconomic Dynamics (Search for Journal in Brave)

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Consumer behavior, demand theory (91B42) Special types of economic markets (including Cournot, Bertrand) (91B54)

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Cites work

• Asset Prices in an Exchange Economy
• On optimal growth under uncertainty
• The equity premium in Brock's asset pricing model

Cited in

(5)

• A new methodology for studying the equity premium
• The equity premium in Brock's asset pricing model
• Equilibrium variance risk premium in a cost-free production economy
• Production and consumption credit in a continuous-time model of the circuit of capital
• Equity premium and consumption sensitivity when the consumer-investor allows for unfavorable circumstances.

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